Impeachment Could Squelch
Investor Optimism, Say Analysts

By

Joseph Rebello Dow Jones Newswires

Updated Dec. 20, 1998 9:15 a.m. ET

WASHINGTON -- As House Republicans moved toward making President Clinton only the second president to be impeached, U.S. investors took comfort in another part of his legacy: the longest peacetime economic expansion in the country's history.

But on Monday, many analysts say, investors are likely to get nervous about the outlook for that expansion. They predict that as pressures build on Mr. Clinton to resign rather than face a Senate...